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If NGDP Is Nominal GDP and RGDP Is Real GDP,which ×\times

Question 48

Multiple Choice

If NGDP is nominal GDP and RGDP is real GDP,which of the following can be used to calculate inflation?


A) percent change in NGDP + percent change in RGDP
B) percent change in NGDP - percent change in RGDP
C) percent change in NGDP ×\times percent change in RGDP
D) percent change in RGDP + percent change in NGDP
E) percent change in RGDP - percent change in NGDP

Correct Answer:

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